AZUL
Open bankruptcyA bankruptcy procedure is open for AZUL according to publications in the Belgian State Gazette; curator: JACQUES PIRON. The 2023 annual accounts show negative equity (€-4k) and a net result of €-7k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 17-10-2024, 78 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2023
78 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€-4k
Total assets
€50k
Net result
€-7k
Working capital
€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Key figures and ratios
Solvency
-8.3%
Current ratio
0.93
Quick ratio
0.93
Debt / equity
-13.07
ROA
-14.3%
Debt
€54k
Debt ≤ 1 year
€54k
Filed annual accounts
As filed with the NBB · 2023
Balance sheet
Code2023
Assets
Total assets20/58€50k
Current assets29/58€50k
Amounts receivable within one year40/41€50k
Trade receivables40€50k
Cash at bank and in hand54/58€10
Equity and liabilities
Total equity and liabilities10/49€50k
Equity10/15€-4k
Contributions10/11€3k
Profit (loss) carried forward14€-7k
Amounts payable17/49€54k
Amounts payable within one year42/48€54k
Other amounts payable47/48€54k
Accrued charges and deferred income492/3€384
Income statement
Code2023
Other operating charges640/8€752
Gross operating margin9900€-6k
Operating profit (loss)9901€-7k
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903€-7k
Profit (loss) for the period9904€-7k
Profit (loss) for the period to be appropriated9905€-7k
Appropriation of the result
Profit (loss) to be appropriated9906€-7k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
22-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL AZUL AVENUE DE TERVUEREN 402, 1150 WOLUWE-SAINT-PIERRE · event 14-10-2024
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tervurenlaan 4021150 Sint-Pieters-WoluweGround area
4,483 m²
Building footprint
617 m²
Volume, LiDAR
5,970 m³
Parcel 21682C0142/00A004, Brussels · tallest building 18.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AZUL
since 20222.341.037.392
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0142/00A004 | Brussels | 4,483 m² | 1 · 617 m² | 18.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES PIRON AVENUE DE LA TOISON D’OR 77,
1060 SAINT-GILLES |
14-10-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.